Director/PDMR Shareholding

16 Jun 2009 07:00



16 June 2009

STATPRO GROUP PLC

("StatPro", "the Company" or "the Group")

Director Shareholding

StatPro Group plc (AIM:SOG), the AIM quoted provider of portfolio analytics and data solutions for the global asset management industry, announces that it has received notification that Otos Ltd, a company owned by Carl Bacon, Non-Executive Chairman of StatPro Group plc, yesterday purchased 30,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 76.36 pence per share. Following this transaction, Mr. Bacon's total beneficial holding in the Company is 600,000 Ordinary Shares, representing approximately 1.00% per cent. of the Company's issued Ordinary Share Capital. 

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About StatPro

StatPro is a leading provider of portfolio analytics and data solutions for the global asset management industry. The Company sells its suite of products on a rental basis to investment management companies to analyse portfolio performance, attribution, risk and GIPS® compliance. StatPro also provides the market data and valuation feeds including a new Complex Asset Pricing service.

StatPro has grown its recurring revenue from less than GBP1 million in 1999 to GBP28.4 million at end December 2008 and currently enjoys a 94% renewal rate. StatPro floated on the London Stock Exchange in May 2000 and transferred its listing in June 2003 to AIM. The Company has operations in Europe, North America, South Africa and Australia, with approximately 80% of revenues being generated outside the UK.